Member Info for SteveV

Never thought I'd be topping up at 1.79p

Its all about the field upgrades.

JV want to see if the high pressure upgrades make the field perform. They don't want to be pumping all their lovely CO2 into a no hoper that can't handle the pressure.

The RBL is waiting on the upgrades. They want to see how much oil we can get out of the ground. Don't want to lend money to a no hoper.

All about the upgrades.....Not long now to find out. !

It's all moving in COPL's direction. 2p seems crazy.

I've been topping up.!

I don't think the upgrades could have gone any better.

The uptick in production should be substantial. It's not just the kit upgrades but lack of disruption to the wells whilst it was in progress. No reason why all wells cant be pumping now.

Just looking forward to seeing how much more oil comes out of the ground over the next few months.

Yep its all going to kick of next few months.

Get all the new kit installed and commissioned

Start pumping in high pressure gas

Production gradually ramps up significantly

Become cash flow positive

RBL gets agreed

JV gets signed

Start drilling the Fed deep.

All before the year end I think.

Stan you're not getting the hint. Nobody is interested in what you have to say.

We like it here , it's a risky stock. We might lose everything or make a VERY tidy profit. OR somewhere in between.

It's our choice. We don't need your opinion or advice. Thanks

Pretty solid update. Looks like the high pressure system install couldn't have gone better!. Pipeline ALL layed. I was expecting mid July earliest. Bit disappointed we aren't up to 1500bopd yet though.

Arthur is saying "which should result in a return to the previous production peak and an increasing production profile."

Well we peaked at 62,415 barrels in Aug 2021. But what does an "increasing production" profile mean? Expect 62,415 then more on top?

Also great news that the new kit should work fine over an Alberta winter.

I had been predicting 2500bopd by end of the this year. I think we should do that.

If you believe COPL will come good 2p is a great buying opportunity.

If you think it will go bust you should sell now and suffer any losses (better than zero)

If your not sure what will happen then maybe do nothing!

It's not hard.... you just got to choose one of the above!

Couldn't resist a few more at 1.9975p

Keeping pace with the dilution of the bonds is cheap enough at this price.

I am expecting circa 2500bopd by the end of the year. Some are expecting/guestimating more.

What I would like to hear from COPL is: What is their cashflow positive bopd figure.

We need to start making money. Show the JBL and the JV we are a profitable concern.

Pretty good. A tiny bit less that the 1330 per day as told earlier but pretty close.

A 14.4 % increase.

Keep that up and we will be circa 1500bopd in June.

Starting to go in the right direction.!

So finished circa 13% up on the day. Nice. Just need a few more days(quite a few actually) like that.

News flow should be good going forward. I am expecting a steady upward trend from now.

2p compounded at 13% per day for 30 days =78p. Sure I'd settle for that...Lol.

I think we'll get an operation /production update on Wednesday.

Should all be very positive. I expect the sp rise to continue for a while.

I wonder if Bennyblanco closed his 1.3p short?

Well we had an update on 5th June for May's production and other progress.

I am expecting another very soon. June production should be up. Be nice to hear how mush pipe has been laid to.

Must be some bondholders converting, then shorting the share, then selling the converted shares.

Easy money. They don't care if it trashes the sp and the business.

That's the problem raising money from bonds.

Great! Be also nice to hear how much of the high pressure pipe has be laid to date.

HeresHopin, the bondholders are making a massive loss selling at 2.25 p

They lent us money at 6.75p. Minus the premium discount they got when buying and the interest they got when converting it still remains a very large loss.

I don't think this will carry on at these lowly sp's, just seems to make no financial sense.

I have e-mailed Kathy to say we need a statement from the board. !

There must be a massive late trade going to show up later. Mostly buys so far.

I think we do need a statement from COPL.

No point me emailing Art, didn't get a reply from the last one.